How can businesses, large and small, make their supply chains more climate resilient and simultaneously become more profitable? Almost any supply chain, but particularly those that are dependent on natural resources, will experience the impacts of a changing climate in all its parts. A recent study by Acclimatise for the IDB’s PROADAPT program, shows that assessing climate change risks and their effects helps businesses better understand their supply chains and strengthen their resilience, and in that process, give them a competitive advantage in the market.

What do you want to be when you grow up? This is a question that adults everywhere ask young people. In fact, at the elementary school where my nine- and seven-year-old children attend, all of the children are asked that same question and their responses are published in the school yearbook. The answers are amusing and range from spy to veterinarian to president. While my son is currently deciding between three professions: chef, college professor of Economics, and teacher, my daughter hasn’t made up her mind yet.